Is East Prospect, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Prospect has remained a Seller's Market.
Key Takeaway
East Prospect is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Prospect, PA
How much do homes in East Prospect, PA cost?
Median Sold Price
$226,750
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Key Takeaway
Homes in East Prospect have sold for 8% more than they did a year ago.
Summary: The median home sold price in East Prospect was $226,750 in October 2024, up 8% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160.5K | $250K | +55.8% |
| 3 Bedrooms | $206.2K | $203.2K | -1.5% |
| 4 Bedrooms | $225K | $250K | +11.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: East Prospect housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lower Windsor Township | $286.5K | $317.5K | +10.8% |
| East Prospect | $210K | $226.7K | +8.0% |
Housing Supply in East Prospect, PA
How many homes are available in East Prospect, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Summary: The East Prospect real estate market had 1 homes for sale in October 2024, a 66.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Prospect housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Prospect, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in East Prospect in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Prospect, PA
How long does it take to sell a home in East Prospect, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 21 Days | +8.6% |
Summary: Homes in East Prospect had an average of 21 days on market in Oct 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Prospect are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in East Prospect; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
